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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units.

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Heard At The Show: Snippets from SAE 2009 World Congress

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How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. The cells make up the remainder.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 North America.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. Volkswagen is Europe’s largest automaker, and saw its global new vehicle market share increase to 11% during the first quarter of 2009. New Small Family ( earlier post ) in 2013.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

A series of presentations at the SAE 2009 Hybrid Vehicle Technology Symposium held in San Diego (11-12 February) sketched a mixed outlook for mainstream consumer—i.e., The net effect of correcting this problem will be pressure on purchase prices first and operating costs second. Source: Ken Kurani. Click to enlarge.

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Demand for oil ‘passed its peak’

Green Cars News

But the stronger governmental and consumer push for passenger vehicle fuel economy gains driven by energy security concerns and climate change initiatives have also led to reduced demand for oil in the OECD. The latest IHS CERA ‘World Oil Watch’ report expects oil demand to increase from 83.8 mbd in 2014. 83 per cent (4.4

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Blog Archive ▼ 2009 (52) ▼ April (6) Waxman-Markey and REDD BlogRoll Review: Space Beams, Leaded Batteries, an. Just as wireless service providers offer smartphones at discounted prices, Project Better Place will offer discounted electric vehicles with usage pricing plans. 2) Chevy Volt (2) China (2) ECOD3.SA

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